Nexoptic Technology (CVE:NXO) Stock Price Up 7.3%

Nexoptic Technology Corp (CVE:NXO) rose 7.3% during trading on Monday . The stock traded as high as C$1.05 and last traded at C$1.03. Approximately 307,330 shares changed hands during mid-day trading, a decline of 8% from the average daily volume of 334,112 shares. The stock had previously closed at C$0.96.

The company has a debt-to-equity ratio of 0.03, a quick ratio of 0.39 and a current ratio of 0.42. The company has a 50-day simple moving average of C$0.71 and a 200 day simple moving average of C$0.47. The company has a market capitalization of $52.36 million and a P/E ratio of -2.57.

About Nexoptic Technology (CVE:NXO)

NexOptic Technology Corp., together with its subsidiaries, a technology company, develops and invests in optical and lens technologies. It focuses on developing the patent pending Blade Optics lens system that relates to an optical concept, including the use of flat lenses. The company was formerly known as Elissa Resources Ltd.

See Also: Depreciation

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